The following numbers are taken from the financial statements of Sherry Company for year ended Dec. 31, 2020. Adjustment Adjusted Bal Unadjusted Bal 120,000 80,000 40,000 100,000 30,000 70,000 Revenues Expenses Net Income Assets Total Liabilities SE Equity Net Cash Flows from Operating Activities Net Cash Flows from Investing Activities Net Cash Flows from Financing Activities 15,000 -3,000 5,000 During the audit, auditors detected the following error: Error: Company made an error in taking the physical inventory of supplies on hand to record supplies expense - supplies on hand was overstated by $3000. As a result, supplies expense was understated by $3000. What would be the adjusted balances for the above items in the financial statements after correcting the above error? Example of Answer: Revenues = 2000 Expenses = 1800 Net Income = 200 so on (No space, comma, decimal point, or $ sign) Show negative amount with a minus Example: Net Cash Flows from Operating Activities = -3000 Show negative amount with a minus Example: Net Cash Flows from Operating Activities = -3000 Revenues = A Expenses = A/ Net Income = A/ Total Assets = A/ Total Liabilities = AJ Total SE = A Net Cash Flows from Operating Activities = A Total SE = A Net Cash Flows from Operating Activities = A Net Cash Flows from Investing Activities = A Net Cash Flows Financing Activities = 4